Fortune·6 min read·hard
How Scott Bessent used financial engineering to fund the $2 trillion deficit while leaving it untouched - Fortune
E
Eva Roytburg
✦AI Summary
Scott Bessent is analyzed for his use of financial engineering to manage the U.S. government's $2 trillion deficit. The article suggests that while investors focus on AI, Treasury borrowing strategies are having a significant, overlooked impact.
While investors fixate on the AI boom, a warning from a group of Wall Street bankers whose job is to help the U.S. government borrow went unnoticed. In minutes released Aug. 5, the Treasury Borrowing…
businesseconomypolitics
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